10/13/2023
Newgame SA withdrew its appeal on 27 September 2023, as a result of which FINMA’s Takeover and State Liability Committee wrote off the appeal proceedings as having become redundant.
10/13/2023
The bank’s share price has benefited from a return to profitability, which started in 2022.
10/12/2023
The soon-to-be 93-year-old former Formula 1 boss Bernie Ecclestone has pleaded guilty to tax fraud.
10/11/2023
There would have been alternatives, according to the top financial stability watchdogs - that sounds very much like justification.
10/09/2023
It marks the beginning of the political investigation into the forced takeover of the bank on March 19.
10/09/2023
In a statement, the Monetary Authority of Singapore said financial firms must verify customers' identities, establish the sources of wealth and funds of higher-risk clients, and keep track of transactions.
10/05/2023
The authority is now able to plug a gap internally.
10/04/2023
All signs point to a Labour election win next year – but don’t expect much to change in how the UK is governed
10/04/2023
In the battle for disclosure, investors scored an early win in May when the St. Gallen court, in northeast Switzerland, ordered the release of FINMA’s decrees on the writedown.
10/03/2023
These two worked examples show how the taxing of unrealised capital gains can have unintended consequences.
10/03/2023
The practice also assists offshore banks and trust companies throughout Europe with UK tax issues.
10/03/2023
These and other key questions were put to a panel of experts who offered their insights and proffered words of advice to the wealth management community in the region.
10/02/2023
UBS and Mozambique governments have resolved their dispute over the tuna bonds inherited from Credit Suisse.
10/02/2023
These individuals work with high and ultra-high net worth clients around the world.
09/29/2023
Married couples and people in civil partnerships can double most of these tax-free amounts by using both sets of allowances.
09/28/2023
Of course, it can be argued that these specific incidents happened many years ago - and the world has changed in the meantime.
09/25/2023
The longer processing times are not an official rule change but a response to authorities tightening due diligence across the financial sector following the exposure of a transnational money laundering syndicate in August.
09/22/2023
This is likely to be the result of allowances* being frozen until at least 2028 combined with inflationary growth of asset values.
09/21/2023
The case was first made publicly known on August 16 and the value of the assets seized was revealed to be S$1 billion.
09/21/2023
Twining said Keith Stockdale and his team have the “entrepreneurial drive” the firm is looking for and a very loyal client bank.